Brief: Zhongtian International Updates On Possible Breach Of Agreement By Unit

China Clean Energy Technology

24/08/2018 12:31

Aug 24 (Reuters) - Zhongtian International Ltd  2379.HK :
    * UNIT ZHONGTIAN ENTERPRISE MAY NOT COMPLETE DEVELOPMENT OF
RELEVANT LAND BY OCT 14, POSSIBLY RESULTING IN BREACH OF
AGREEMENT
    * BREACH OF AGREEMENT COULD RESULT IN PAYMENT OF LIQUIDATED
DAMAGES
    * SEEKING POSSIBLE EXTENSION OF DEADLINE & WAIVER OF
LIQUIDATED
DAMAGES, EXTERNAL FINANCING, CONSIDERES SALE OF RELEVANT LAND

Source text for Eikon:  ID:nHKS4fq1wK 
Further company coverage:  2379.HK 

 ((Reuters.Briefs@thomsonreuters.com;))